I am quite familiar with the fact that one of the primary features of Bitcoin is to eliminate the third party system in financial transactions such as banks; I have been shipping goods from the US to my country and selling them in my retail store but over the years I have been using the traditional method of going to the bank to convert my native currency into US dollars before sending the money to my customer in the US and this has not been an easy process for me and my transactions some time take days to be cleared and it take weeks before getting my good delivered, this have always caused delay and set back in my business.

But during the covid-19 Lockdown, I was forced to look for an alternative way to get payment across to my US partner, for which we both agreed to use Bitcoin to carry out the transaction. Within an hour my partner confirms the payment, and I got my goods delivered within a week through DHL, going to a year now since then I have never used the traditional banking process to make the payment again and business has been moving smoothly all thanks to Bitcoin.

Note we have an agreement on price changes because of volatility in Bitcoin price. I choose to share my experience here to encourage members to use Bitcoin for their businesses.

What is your personal experience with Bitcoin?